THE CHILDREN’S PLACE 401(K) SAVINGS PLAN Contribution & Employer Match
How THE CHILDREN’S PLACE, INC. Supports Your Retirement Savings
THE CHILDREN’S PLACE, INC. provides retirement savings benefits through THE CHILDREN’S PLACE 401(K) SAVINGS PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.
THE CHILDREN’S PLACE 401(K) SAVINGS PLAN Average Participant Retirement Account Value
THE CHILDREN’S PLACE 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount
47,379.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 740.00 in THE CHILDREN’S PLACE 401(K) SAVINGS PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in THE CHILDREN’S PLACE 401(K) SAVINGS PLAN
An employer match is one of the most valuable benefits in any 401(k) plan — it is essentially free money added to your retirement savings. Your employer contributes additional funds based on a percentage of your own contributions. Missing out on the full match is one of the most common and costly retirement mistakes employees make.
THE CHILDREN’S PLACE 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate
THE CHILDREN’S PLACE 401(K) SAVINGS PLAN Estimated Average Employer Match
Investing in this additonal $412.00 for 20 years would give you extra $26,390.00, assuming a 10% annual return.
* Data are from public filings.
Are You Leaving Dollars on the Table?
If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.
Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.
THE CHILDREN’S PLACE 401(K) SAVINGS PLAN Contribution & Match Policy
THE CHILDREN’S PLACE 401(K) SAVINGS PLAN Contribution, Match and Other Plan Policies
- Each year, participants may contribute up to 60% of their pretax annual compensation, as defined in the Plan, subject to certain limitations of the Internal Revenue Code (IRC) ($23,000 and $22,500 for 2024 and 2023, respectively).
- Participants who have attained or are expected to attain age 50 before the close of the taxable year will be permitted to make catch-up contributions to the Plan in excess of an otherwise applicable Plan limit, but not in excess of the limitations of the IRC ($7,500 for both 2024 and 2023).
- The Company makes a safe harbor matching contribution equal to 100% of the first 3% of covered compensation, plus 50% of the next 2% of covered compensation that a participant contributes to the Plan.
- The Company may also, in its sole discretion, make an additional discretionary matching contribution.
- There was no discretionary matching contribution for the year ended December 31, 2024.
2025 IRS 401(k) Contribution Limits
The IRS sets annual limits on how much you and your employer can contribute to a 401(k) plan. Knowing these limits helps you maximize tax-advantaged savings. Here are the current limits:
| 2024 | 2025 | |
|---|---|---|
| Employee elective deferrals (pretax + Roth) | $23,000 | $23,500 |
| Employee + employer contributions combined | $69,000 | $70,000 |
| Catch-up contributions (age 50+) | $7,500 | $7,500 |
| Enhanced catch-up (ages 60–63, SECURE 2.0) | N/A | $11,250 |
The power of maxing out: If you contribute the full $23,500 annually for 20 years at a 10% average annual return, you would accumulate approximately $1,505,256. If you can maximize the combined employee+employer limit of $70,000 per year, that grows to roughly $4,480,385 over the same period — more than triple.
Use the 401(k) Savings Calculator to model your specific contribution scenario and see how your savings can grow over time.
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